Asir's 7M sq m of vacant land to be developed
The Ministry of Municipalities and Housing announced that 7 million square meters of vacant land in the Asir region have entered development pathways, under the vacant land fee system, aimed at motivating land development and increasing utilization efficiency. Of these areas, 1.5 million square meters are currently developed, while 5.5 million are under development, contributing to an increase in the real estate and housing supply. The fee revenues have supported 17 projects in infrastructure and urban development. The ministry is also working to boost investment in land through the "Itmam" services platform, which offers more than 35 services to facilitate development procedures, all in support of the real estate market and in line with the goals of Saudi Arabia's Vision 2030.
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